8885 Washington St
Thornton, CO 80229
Grease Monkey · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14.75 YEARS REMAINING ON ABSOLUTE TRIPLE NET (NNN) LEASE
- RENT INCREASE FROM 7.50%-12.50% BASED ON CPI
- ESSENTIAL BUSINESS THAT IS INTERNET AND RECESSION RESISTANT
- CORPORATE GUARANTEE FROM GREASE MONKEY INTERNATIONAL (300+ UNITS)
- UNDER MARKET RENT, PRICED BELOW REPLACEMENT COST
- LOCATED IN DOMINANT RETAIL CORRIDOR, ACROSS THE STREET FROM THORNTON SHOPPING CENTER
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,785 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.33 AC
Zoning
CR, Thornton
Parking
7 Spaces (3.92 Spaces per 1,000 SF Leased)
Frontage
90’ on Washington St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 1719-22-4-00-023 | Improvements Assessment | $228,870 |
| Land Assessment | $38,810 | Total Assessment | $267,680 |
